After the massive unlocking of Solana, can SIMD-228 become a remedy for the market? Recently, Solana (SOL), which was once highly anticipated by the market, has fallen into difficulties and performed poorly. Multiple factors are at play here. The overall market has seen a significant correction, the meme market has cooled down leading to reduced … Read more
What is the SIMD 228 proposal? This article will clarify it for you. If we compare Solana to a company, then SOL stakers are the “employees” of this company, maintaining network security by staking SOL in exchange for “salary” (staking rewards) issued by the system. The SIMD 228 proposal essentially announces: The salary distribution mechanism … Read more
What is SIMD-0228? SIMD-0228 (Solana Improvement Document 0228) is a governance proposal put forward by the Solana community aimed at reforming the token issuance mechanism of the Solana network (i.e., the inflation model). This proposal was introduced by Tushar Jain and Vishal Kankani from Multicoin Capital, with support from Max Resnick, the chief economist of … Read more
Proposal Fails: A Governance Contest with High Participation Key data reveals: 74.3% of shares participated in the SIMD-228 vote, far exceeding the voter turnout of U.S. presidential elections over the past century. However, the proposal was rejected as the approval rate did not reach 66.67%, maintaining the original token issuance volume. Core Controversy of the … Read more
The core CPI in the United States rose by 3.1% year-on-year, lower than the expected 3.2%. Due to inflation being below expectations, the cryptocurrency market reacted positively,Solana briefly broke through $130. Currently, Solana is trading at $128, indicating a potential bullish recovery. Will this reversal lead to a price surge to $170? Let’s find out. … Read more
Introduction: An “Economic Experiment” that Affects the Lifeblood of the EcosystemIn early 2025, the intense debate within the Solana community surrounding the SIMD-228 proposal was not just a technical parameter adjustment, but also exposed the core contradiction of the blockchain economic model: how to find a balance between decentralization, capital efficiency, and network security?By analyzing … Read more
The most controversial proposal in Solana’s governance history, SIMD-0228, ultimately failed with less than 66.6% of votes in favor. This vote was not only a technical debate on inflation reform but also evolved into a battle of interests among validators. Leading players attempted to push for ecological efficiency upgrades, while smaller validators fiercely resisted for … Read more
Author | Danny @IOSG Summary The SIMD 0228 proposal, a significant decision that recently stirred all participants in the Solana ecosystem, ultimately did not pass. The voting participation rate reached a historic high for Solana (nearly 50% of the total token supply), but the proportion of supporting votes was insufficient to meet the supermajority threshold … Read more